Indonesia and Freeport sign agreement to extend mining permit beyond 2041
Indonesia and Freeport-McMoRan signed an agreement to extend mining rights beyond 2041. The deal was finalized during President Prabowo's visit to Washington.
Insights:
Indonesia's investment minister and Freeport-McMoRan Inc. , together with its local unit PT Freeport Indonesia, signed a memorandum of understanding on February 19, 2026, to extend the company's mining permit beyond 2041. The signing, which involved Indonesia's investment ministry, marks a significant development for the firm's long-term operations in Indonesia 
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